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New York launches $800M small business grant program

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New York Launches Grant Program For Struggling Restaurants

Share via Shortlink The “Raising The Bar Recovery Fund” will distribute a collective $3 million to eligible businesses across New York State. (iStock) New York restaurants, once bustling spaces that shaped the city’s character, are in trouble. One by one, hundreds have shut for good, unable to weather indoor dining bans, an exodus of patrons and now, a frigid winter. And hundreds more may not be able to survive the next few months. The state government wants to curb that trend. On Wednesday, the Empire State Development Corporation announced a new fund designed to support struggling restaurants over the winter period with grants of up to $5,000 per business.

NY now offering new grant funding for restaurants through pandemic

WHECTV Created: January 06, 2021 06:20 AM ROCHESTER, N.Y. (WHEC) New York s Empire State Development Corporation announced a new grant program aimed at backing up restaurants falling on hard times during the pandemic. The fund, called the Raising the Bar Recovery Fund   has roughly $3 million in grants, and will offer up to $5,000 for full-service restaurants that apply. The money can be used to implement safety measures that allow them to operate during the pandemic. Restaurants can also use the money towards qualifying purchases made since September. This comes as some restaurant owners sue the state over its lockdown procedures. News10NBC

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